Seeking Alpha

A strike at Californian ports is threatening to delay the delivery of some holiday season cargo...

A strike at Californian ports is threatening to delay the delivery of some holiday season cargo after longshoremen and clerical workers began action on Tuesday due to an impasse in contract talks. As of yesterday, seven of eight terminals at the Port of Los Angeles were closed, as were three of six in Long Beach. Ships have started to divert to other ports, including Mexico
Comments (3)
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    Good move. This will help the economy and the state.
    30 Nov 2012, 05:27 AM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    Most holiday stuff is already in port. This explains the 15% jump in imports last month so the November and December numbers should smooth the data.
    30 Nov 2012, 07:57 AM Reply Like
  • petten
    , contributor
    Comments (128) | Send Message
     
    Great. All ships go to Mexico or other alternatives.
    30 Nov 2012, 02:32 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector